The latest news from the Philippines is distinctly encouraging. The recent dispatches tell of the surrender of a considerable band of insurgents and of the defeat and capture of others, including one of the higher military leaders. From the island of Panay recently came news that the natives, who have been lukewarm in A great number of expressions from various countries are presented, showing the wholesome respect with which the Powers of the world look upon the United States in the trade arena of the universe. The concentration of capital, our suddenly acquired financial independence, and most important, the valuable practical business education which our sons receive,
Text read from the printed page and cleaned; old type leaves the occasional error.